Louisville Kentucky Mortgage Lender for FHA, VA, KHC, USDA and Rural Housing Kentucky Mortgages: Short Sales Are Bad for your Credit Score.

I specialize in Kentucky First Time Homebuyers FHA, VA, USDA & Rural Housing, KHC and Fannie Mae mortgage loans. I have helped over 1300 Kentucky families buy their first home or refinance their current mortgage for a lower payment; Kentucky First time buyers we still how available down payment assistance with KHC. Free Mortgage applications/ same day approvals. Web site is not endorsed by the FHA, VA, USDA govt agency. Text/call 502-905-3708 kentuckyloan@gmail.com NMLS 57916 NMLS 1738461

Short Sales Are Bad for your Credit Score.

Why are Short Sales So Bad for Your Credit? (via Credit.com)

While intuitively this kind of severe impact isn’t so surprising in the case of a foreclosure, some people are surprised that this same impact can be felt following a short sale or mortgage modification. Some even argue that FICO scoring is too hard on consumers who “do the right thing” by…

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Short Sales Are Bad for your Credit Score.